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Young Alfred
Online marketplace to easily compare and buy home insurance
About Young Alfred
Young Alfred is a dynamic startup operating in the insurance technology sector, specifically focusing on homeowners insurance. The company provides an online platform where users can compare and purchase home insurance from a variety of top-rated insurance carriers. By leveraging advanced data analytics, Young Alfred analyzes over 1 billion data points to offer custom-fit insurance recommendations tailored to individual needs and risks.
The primary clients of Young Alfred are homeowners, renters, and property investors who are looking for comprehensive and affordable insurance solutions. The platform serves a broad market, including those seeking coverage for houses, rental properties, condos, mobile homes, and even pets.
Young Alfred operates on a business model that combines technology with personalized service. The company makes money through commissions earned from insurance carriers when a user purchases a policy through their platform. This model allows them to offer their comparison and recommendation services to users for free.
The platform is designed to be user-friendly, providing a seamless experience from quote comparison to policy purchase. Users can compare insurance options based on price, coverage, and carrier ratings, ensuring they find the best fit for their needs. Additionally, Young Alfred offers educational resources, including a blog and learning center, to help users understand insurance terms and make informed decisions.
In summary, Young Alfred simplifies the process of buying home insurance by offering a comprehensive, data-driven comparison tool that saves users time and money while providing peace of mind.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Philadelphia, United States
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 57.6/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Risk Management, Insurtech Distribution and Brokerage, House and Property Insurance, PandC Insurance
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2021 | $0 | — | Credible Labs | ↗ |
| SERIES A✓Equity / VC | Oct 2019 | $10M | $40M | Newfund · Pear Ventures · Gradient Ventures | — |
Growth signals
Latest recorded traffic for Young Alfred is 1.4K monthly website visits, down 61.1% over the last three months. Young Alfred's team declined 77.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Entrepreneurs Roundtable Accelerator
Pear Ventures
Series A3 investors entered at this stage
Dorm Room Fund
Gradient Ventures
Newfund
Other known investors4 additional known investors
Credible Labs
Catapult VC
HMC INQ
Remarkable Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Young Alfred on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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